There has been change at the top of Wells Fargo Advisors and the firm's private client group.

The head of Wells Fargo's private client group, David Kowach, has been named as president and head of Wells Fargo Advisors, the company’s national retail brokerage. A successor will be announced in due course, the firm said. 

In his new role, Kowach will report to David Carroll, senior executive vice president and head of Wells Fargo Wealth and Investment Management. He succeeds Mary Mack, who was named head of community banking.

Before leading the private client business, Kowach led WFA’s business development group – a role in which he was responsible for financial advisor recruitment and retention, growth strategies and national sales. He began his career as a financial advisor in the Philadelphia area.